Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD: let's buy the AUD
AUD/USD: let's buy the AUD

On the daily chart of AUD/USD, bulls have been trying to implement the “Shark” pattern and pull the pair to its 88.6% target.

GBP/USD: the Bears still active
GBP/USD: the Bears still active

Expanding bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.

EUR/GBP: the euro is stronger
EUR/GBP: the euro is stronger

On the daily chart of EUR/GBP, bears couldn’t pull the pair below the bottom line of the long-term channel of 0.87-0.902, it signals their weakness.

AUD/USD: aussie updated lows
AUD/USD: aussie updated lows

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines.

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